HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-24-172)-08/20/2024RESOLUTION R-24-172
A RESOLUTION ADOPTING THE ECONOMIC DEVELOPMENT CAPITAL
IMPROVEMENT PROGRAM (EDCIP) FOR FISCAL YEARS 2025-2029
WHEREAS, the bylaws of the Colleyville Economic Development Corporation
require that an Economic Development Capital Improvement
Program (EDCIP) be developed, setting forth long and short-
term goals that address the needs of the City within the financial
constraints of revenues available to the Corporation; and
WHEREAS, the EDCIP shall identify projects to be undertaken by the
Corporation and the expected cost of the implementation.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION:
Sec. 1. THAT the Economic Development Capital Improvement Program
of the Colleyville Economic Development Corporation (Exhibit A)
is hereby adopted.
Sec. 2. THAT once approved, the EDCIP will be forwarded to the City
Council for their subsequent approval.
Sec. 3. THAT this Resolution shall become effective on the date of
passage.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF 5 AYES, 0 NAYS, ON THIS 20TH DAY OF AUGUST
2024.
President Bobby Lindamood
Aye
Director Brandi Elder
Aye
Director George Dodson
Aye
Director Scotty Richardson
Aye
Director Ralph Hunkins
Aye
Director John Terhoeve
Absent
ATTEST:
O'��
Y
Christine Loven, TRMC
Secretary
COLLEYVILLE ECONOMIC
DEVELOPMENT CORPORATION
Bobby
President
Exhibit "A"
Colleyville Economic Development Corporation
Current Year and Five-year CIP Plan
mzey Park Playground 250,000
cPherson Park Restroom Renovation 125,000
and Volleyball Pit Rehabilitation (McPherson & Kimzey Parks) 50,000
oodbriar Park Improvements 200,000
vnings at Parks Facility 200,000
:y Park 9 - 40'x206' along 3rd base extension 30,000
:y Park field #2 - Infield renovation (laser grade & lip removal) 25,000
:y Park Field #6 & #7 - 40'x135' backstop net extensions 30,000
25 Security Cameras in Parks 100,000
rk Signage Replacement 150,000
c Center Master Plan Studv/Bond Election 200.000
rk Sionaae Replacement I 1
of Ponds 1 150,000
for Center Land Improvement 1 400.000